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(ARENM) Amara Raja complete technical analysis [charts+indicators] | Buy/Sell Amara Raja | (ARENM) share price targets

Complete technical analysis of Amara Raja (ARENM) by charts plus indicators, forecast predictions and share price targets for Amara Raja (ARENM)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Amara Raja is 1083680

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1561.00	1569.00	1576.45	1547.45	0.244 times
14 Wed Aug 2024	1549.25	1568.00	1575.65	1524.50	0.476 times
13 Tue Aug 2024	1565.90	1613.70	1638.95	1555.10	0.742 times
12 Mon Aug 2024	1597.70	1538.00	1638.00	1516.20	2.325 times
09 Fri Aug 2024	1505.80	1524.65	1529.50	1495.25	0.587 times
08 Thu Aug 2024	1498.90	1548.00	1552.65	1493.10	0.605 times
07 Wed Aug 2024	1539.80	1510.00	1550.00	1465.00	0.956 times
06 Tue Aug 2024	1466.45	1536.80	1574.80	1458.55	1.406 times
05 Mon Aug 2024	1507.55	1580.00	1604.95	1494.05	1.545 times
02 Fri Aug 2024	1612.35	1598.00	1621.95	1575.45	0.627 times

My analysis of stock is bearish for shortterm, and stock might move down till 1514.1 or till 1449.2. Use a stoploss of 1568.08 and if the stock hits stoploss, then it can shoot up till 1622.09

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	768.30
Downside Target	1000.00
Downside Target	1204.40
Downside Target	1278.00
Downside Target	1404.00
Downside Target	1458.55
Downside Target	1516.20
Upside Target	1575.45
Upside Target	1638.95
Upside Target	1666.00
Upside Target	1690.00
Upside Target	1696.75
Upside Target	1745.00
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1505.15
Downside Intraday Target	1449.3
Upside Intraday Target	1627.9
Upside Intraday Target	1694.8
Upside Intraday Target	1572.05

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1561.00	1538.00	1638.95	1516.20	0.743 times
09 Fri Aug 2024	1505.80	1580.00	1604.95	1458.55	1.506 times
02 Fri Aug 2024	1612.35	1696.70	1696.75	1575.45	0.643 times
26 Fri Jul 2024	1680.45	1550.00	1690.00	1404.00	1.536 times
19 Fri Jul 2024	1540.85	1636.00	1658.50	1520.00	0.761 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	1561.00	1650.70	1666.00	1458.55	0.46 times
31 Wed Jul 2024	1626.30	1660.00	1745.00	1404.00	0.239 times
28 Fri Jun 2024	1663.15	1250.00	1775.95	1000.00	2.8 times
31 Fri May 2024	1181.35	1091.00	1278.00	1013.35	0.504 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Amara Raja (ARENM)

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Amara Raja ( (ARENM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Amara Raja stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Amara Raja in short term but the sell signal is initial and weak.

Amara Raja Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Amara Raja in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Amara Raja is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1541.01 and Amara Raja (ARENM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Amara Raja (ARENM) stock. Volume based technical analysis of Amara Raja (ARENM) stock is negative.

Amara Raja Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.